ING leaves Russia with losses
The Dutch bank, ING, which promised to comply with international sanctions, agreed to sell its Russian business to Global Development JSC, based in Moscow. This deal will effectively end ING's…
Arms dealer pleads guilty in Lithuania for violating sanctions
In Lithuania an unnamed person, born in 1976, was found guilty of supplying weapons from Russia. The Vilnius District Court fined him 20 thousand euros and the company he works…
German customs conducts searches due to the supply of expensive cars to Russia
Investigators from the Frankfurt am Main customs investigation department conducted several searches and seized property worth about 7.5 million euros in Schifferstadt (a town in Germany's Rhineland-Palatinate region). About 250,000…
European sanctions deprive Belarus of a pint of beer
Belarusian beer producer Lidskoe Pivo has announced that it has changed the format of a can of KORONET Lager beer. Now this type of beer is available in cans with…
The court in Russia: Damen Shipyards Gorinchem B.V. must pay 5 million euros
The Federal State Unitary Enterprise Rosmorport has won a court case against the Dutch company Damen Shipyards Gorinchem B.V. in Russia. The Moscow Arbitration Court has decided to recover 598.627.836.75…
Assistance to two Russian businessmen to circumvent sanctions costs at least one million dollars
The U.S. Department of Justice and the Department of the Treasury announced proceedings against a company from Miami, Family International Realty LLC and its owner, Roman Sinyavsky. Sinyavsky, according to…
US imposed sanctions on a Kyrgyz bank for helping Russia to circumvent sanctions
For the first time, the United States imposed sanctions on Kyrgyz Republic-based bank that helped Russia circumvent sanctions. On January 15, 2025, the United States imposed sanctions on Russian and…
The EU court refuses to lift sanctions against Viatcheslav Kantor
The Court of Justice of the European Union refused to lift sanctions against businessman Viatcheslav Moshe Kantor, the former owner of more than 94% of shares in the producer of…
The EU Court maintains sanctions against MegaFon
The Court of Justice of the European Union has refused to lift sanctions against Russian telecom operator MegaFon. The decision was made on 15 January. The case in court has…
Kazakhstan introduces restrictions on the validity period of bank cards for non-residents
Kazakhstan has introduced restrictions on the validity period of bank cards for non-residents. The cards will now be valid only for 12 months. The decision to limit the validity of…